Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010243717
If productivity increases more slowly for services than for manufactured goods then services suffer from Baumol's cost disease and tend to become relatively more costly over time. Since the welfare state in all countries is an important supplier of tax financed services, this translates into a...
Persistent link: https://www.econbiz.de/10010473124
Persistent link: https://www.econbiz.de/10009562774